Three Common Fears about Retirement

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Three Common Fears about Retirement
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If you're feeling anxious about retirement, there are a few things you can do to manage your fears.

In order to enjoy retirement, get regular health examinations starting well before you retire.This is the number one fear of retirement, and for good reason. The cost of living continues to rise, and Social Security alone may not be enough to cover all of your expenses. If you haven't saved enough for retirement, you may have to make some difficult decisions about how to cut back on spending or ways to increase income.

For many people, their job is a big part of their identity. Upon retiring they may feel lost and unsure of what to do with their time. It's important to start planning for retirement well in advance so that you can have time to find new activities and hobbies that you enjoy.As we age, we're more likely to experience health problems. This can be a major concern for retirees, as it can impact their ability to live independently and enjoy their retirement.

Retirement can be an emotionally complex time for many, especially if the retirement wasn't expected or is expected but occurs earlier than at typical retirement age. Don't hesitate to seek help from a professional, who can help you understand your fears and provide you with coping mechanisms. Remember, retirement is not just an end; it's a new beginning. With careful planning and self-discovery, you can navigate this transition withholds a Ph.D. in Applied Developmental Psychology and specializes in midlife and beyond. She is a TEDx speaker, adjunct professor, coach, author, and Founder of The Mentor Project™.As the lines between real and fake blur, Americans increasingly chase the idea of authenticity.

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